Daily Archives: 28/01/2009

It’s a Dead Heat…

… an ‘empate tecnico’ that slightly favors President Hugo Chavez. A Datanalisis poll of 1,300 voters conducted from 13-18 January found that if the re-election referendum had been held, say, on 15 January President Chavez might have won narrowly by … Continue reading

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CIA Station Chief in Algeria Accused of Rapes

It’s a safe bet that President Hugo Chavez will be talking about this scandal before the week is over… This ugly scandal could derail President Barack Obama’s attempts to improve US relations with the Muslim world and revive the Middle … Continue reading

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Bolivar’s bastards

‘When the great lord passes, the wise peasant bows deeply and silently farts’ Ethiopian proverb The Bolivarian revolution’s generals are very angry…or perhaps very scared. Vice President (and retired general) Ramon Carrizales and the senior commanders of the Bolivarian National … Continue reading

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Endangered Electricity System

Is the author discussing Venezuela? Nope. There is growing evidence that the transmission system is in urgent need of modernization. The system has become congested because growth in electricity demand and investment in new generation facilities have not been matched … Continue reading

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Saudi Arabia loses patience with the US

Unless the new US administration takes forceful steps to prevent any further suffering and slaughter of Palestinians, the peace process, the US-Saudi relationship and the stability of the region are at risk. Prince Saud Al-Faisal, Saudi foreign minister, told the … Continue reading

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IIF forecasts global contraction in 2009

The Institute of International Finance is the first major global institution to forecast a full-scale global contraction in 2009, predicting that the economy would shrink by 1.1%. IIF chief economist Philip Suttle says, “This is the worst period since the … Continue reading

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Don’t forget Africa

A dispatch from Davos… The tragedy of this crisis is that the reckless conduct of the West’s financial elite has yanked the rug from underneath the feet of the world’s poorest countries. All over Africa, governments were just starting to … Continue reading

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